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Bureaucracy holds back investment activity – V.Krasovsky

Bureaucracy holds back investment activityin Mogilev region. The opinion belongs to Victor Krasovsky, the deputy chief of the Regional Economy Committee.

According to him, the country and Mogilev region have done a lot to promote investment activity. Belarusian law creates favourable conditions for business investments.

The region realizes the program to support small and medium-size businesses, creates civilized business and law conditions and health competition. To hit the target the region is to invest over Вr3 bln. In 2011 20 investment projects have been financially supported.

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